Richard Cordray | |
---|---|
Chief Operating Officer of Federal Student Aid | |
In office May 3, 2021 – July 2024[1] | |
President | Joe Biden |
Preceded by | Mark Brown |
Succeeded by | Denise Carter (acting) |
1st Director of the Consumer Financial Protection Bureau | |
In office January 4, 2012 – November 24, 2017 | |
President | Barack Obama Donald Trump |
Deputy | Steve Antonakes Meredith Fuchs (acting) David Silberman (acting) Leandra English |
Preceded by | Raj Date (special advisor) |
Succeeded by | Kathy Kraninger |
49th Attorney General of Ohio | |
In office January 8, 2009 – January 10, 2011 | |
Governor | Ted Strickland |
Preceded by | Nancy H. Rogers |
Succeeded by | Mike DeWine |
46th Treasurer of Ohio | |
In office January 8, 2007 – January 7, 2009 | |
Governor | Ted Strickland |
Preceded by | Jennette Bradley |
Succeeded by | Kevin Boyce |
Treasurer of Franklin County | |
In office December 9, 2002 – January 8, 2007 | |
Preceded by | Wade Steen |
Succeeded by | Ed Leonard |
1st Solicitor General of Ohio | |
In office September 19, 1993 – January 6, 1995 | |
Governor | George Voinovich |
Preceded by | Position established |
Succeeded by | Jeffrey Sutton |
Member of the Ohio House of Representatives from the 33rd district | |
In office January 7, 1991 – December 31, 1992 | |
Preceded by | Don Gilmore |
Succeeded by | Priscilla Mead |
Personal details | |
Born | Richard Adams Cordray May 3, 1959 Columbus, Ohio, U.S. |
Political party | Democratic |
Spouse |
Peggy Cordray (m. 1992) |
Children | 2 |
Education | Michigan State University (BA) Brasenose College, Oxford (MA) University of Chicago (JD) |
Website | Campaign website |
Richard Adams Cordray (born May 3, 1959) is an American lawyer and politician who served from 2021 to 2024 as COO of Federal Student Aid in the United States Department of Education. From 2012 to 2017, he served as the first director of the Consumer Financial Protection Bureau (CFPB). Before that, Cordray variously served as Ohio's attorney general, solicitor general, and treasurer. He was the Democratic nominee for governor of Ohio in 2018. In April 2024, the Biden administration announced Cordray's departure after a chaotic rollout of changes to the FAFSA student aid application form.[2]
Cordray was raised near Columbus, Ohio and attended Michigan State University. He was subsequently a Marshall Scholar at Brasenose College, Oxford and then attended the University of Chicago Law School, where he was editor-in-chief of the Law Review. In 1987 he became a five-time Jeopardy! champion.
Cordray was elected to the Ohio House of Representatives in 1990. After redistricting, Cordray decided to run for the United States House of Representatives in 1992 but was defeated. The following year he was appointed by the Ohio Attorney General as the first Solicitor General of Ohio. His experience as Solicitor led to his appearance before the United States Supreme Court to argue six cases. Following Republican victories in Ohio statewide elections in 1994, Cordray left his appointed position and entered the private practice of law. While in private practice he unsuccessfully ran for Ohio Attorney General in 1998 and the United States Senate in 2000. He was elected Franklin County treasurer in 2002 and reelected in 2004 before being elected Ohio State Treasurer in 2006.
Cordray was elected Ohio Attorney General in November 2008 to fill the remainder of the term ending in January 2011. In 2010, Cordray lost his bid for reelection to former U.S. Senator Mike DeWine. He became Director of the CFPB via recess appointment in July 2011 and was confirmed by the Senate in 2013.[3] Cordray left the agency in late 2017 to run for governor of Ohio,[4] an election he lost to DeWine.[5] In 2021, Cordray was named to head Federal Student Aid, where he oversaw student loan forgiveness for 3.6 million Americans.[6][7]